News

Recordkeeping may not be glamorous, but it’s one of the most powerful tools to protect your business and maximize tax benefits. Here are the details of a recent court case that underscores the importance of keeping strong records, along with six key practices.

Over age 50? Catch-up retirement contributions could make a huge difference in your future wealth. Here’s how.

The One Big Beautiful Bill Act creates new limited deductions for tips and overtime income through 2028. Find out if you qualify and what it means for your tax bill.

Do you and your spouse operate a small business together? Here are some tax-saving strategies to explore.

Are you an educator spending money out of your pocket on classroom supplies? You may be eligible for a tax break.

If your business has incurred domestic research and experimental expenses in 2025 (or incurred them in 2022, 2023 and/or 2024), you may have a new tax-saving opportunity this year.

Divorce is stressful, and for business owners, the tax stakes are even higher. Learn how to avoid costly surprises when dividing your business ownership interest.

The OBBBA enhances the tax benefits of qualified small business stock. Here’s how.

Do you make estimated tax payments? When is the next one due and did the One Big Beautiful Bill Act affect the amount you owe? Here are some answers.

Tired of sending a chunk of your income to Uncle Sam? Switching your unincorporated business to an S corporation could result in more money in your pocket.

Buying a new car? You may have heard there’s “no tax on car loan interest” anymore. That’s not exactly accurate. Here are the rules.

Launching or restructuring a business? Your choice of entity could make or break your tax strategy. Here’s a quick rundown of five entity types and their tax implications.

Thinking about buying an electric vehicle, installing solar panels or replacing some windows or doors? Act now if you want to claim tax breaks because they’re expiring soon.

Starting next year, the federal government is finally updating a burdensome business tax filing requirement that’s been around since the 1950s! Here’s what will change when paying independent contractors.

The sooner you start planning for the changes in the One, Big, Beautiful Bill Act, the better positioned you’ll be. Here are some of the new provisions affecting families.

Some of the biggest and best changes in the new tax law involve the rules for depreciating business assets. Here’s how you can benefit.

If you’re married and don’t work outside the home, can you contribute to a retirement plan? You may be eligible for a spousal IRA. Here are the rules for 2025.

In case you haven't yet heard about how the One, Big, Beautiful Bill Act will affect you, read on.

You’ve probably heard that the One, Big, Beautiful Bill Act has been enacted. What will it mean for taxes and your business?

Thinking of investing in, or restoring, a historic building for your business? The federal tax code may reward you with a tax credit. Here’s how it works.

Curious how your crypto, NFTs or stablecoins could impact your taxes? We break down what the IRS expects and how to stay compliant when reporting digital asset transactions.

Health Savings Account (HSA) update for employers: If your business offers HSAs, the IRS recently released the 2026 inflation-adjusted amounts. Here they are, along with the benefits of HSAs.

Before you open for business, learn how start-up expenses are handled on a federal tax return.

Some birthdays come with tax consequences. Take a look at these age-related tax milestones.

Can college financial aid trigger a tax bill? Here are the tax rules for scholarships, fellowships, tuition discounts, work-study programs and other types of financial aid.